Private rounds announced in 2023-Q1, aggregated from public sources.
| Sector | Rounds | Capital |
|---|---|---|
| Other | 529 | $10.4B |
| Other Technology | 496 | $5.0B |
| Biotechnology | 139 | $2.2B |
| Investment Vehicle | 55 | $1.8B |
| Other Health Care | 129 | $1.5B |
| Software / Tech | 167 | $1.5B |
| Other Energy | 36 | $1.4B |
| Cybersecurity | 9 | $1.1B |
| Company | Sector | Stage | Amount | Filed |
|---|---|---|---|---|
| Oranje Topco, Inc. SAN FRANCISCO | Other | Growth/Late | $3.4B | Feb 1 |
| Disco Topco, Inc. SAN FRANCISCO | Other | Growth/Late | $1.9B | Mar 30 |
| First Mode Holdings, Inc. SEATTLE | Other Energy | Growth/Late | $1.2B | Jan 5 |
| HF Marketable Securities Pool, LLC KNOXVILLE | Cybersecurity | Growth/Late | $1.1B | Mar 31 |
| Lessen Inc. SCOTTSDALE | Other Technology | Growth/Late | $963.5M | Jan 5 |
| HF Private Funds Pool, LLC KNOXVILLE | Other | Growth/Late | $720.0M | Mar 31 |
| HF Direct Investments Pool, LLC KNOXVILLE | Other | Growth/Late | $680.0M | Mar 31 |
| SEI Holding I LP DALLAS | Investment Vehicle | Growth/Late | $403.4M | Mar 27 |
| reAlpha Tech Corp. DUBLIN | Software / Tech | Growth/Late | $400.5M | Mar 21 |
| Thompson Thrift 2023 Multifamily Development, LP INDIANAPOLIS | Construction | Series D+ | $392.3M | Jan 27 |
| Siprocal, Inc DALLAS | Other Technology | Series D+ | $380.0M | Mar 7 |
| PacketFabric, Inc. CULVER CITY | Other Technology | Series D+ | $372.7M | Mar 24 |
| TLB Holdings I, LLC NEW YORK | Investment Vehicle | Series D+ | $330.1M | Mar 1 |
| United Digestive Holdings, LLC Atlanta | Other Health Care | Series D+ | $323.3M | Mar 30 |
| Arrival LUXEMBOURG | Manufacturing | Series D+ | $303.0M | Mar 23 |
| 1st | Investment Vehicle | Series D+ | $262.0M | Feb 8 |
| Diana West Capital Corp SHERIDAN | Other Technology | Series D+ | $226.0M | Feb 27 |
| KEJ Holdings LP DALLAS | Investment Vehicle | Series D+ | $221.0M | Jan 23 |
| Zimmer Biomet Holdings, Inc. Warsaw | Other Health Care | Series D+ | $216.1M | Feb 6 |
| HeartFlow Holding, Inc. MOUNTAIN VIEW | Other Health Care | Series D+ | $215.9M | Mar 2 |
| HVG Holdings, LLC TEANECK | Other | Series D+ | $195.6M | Jan 31 |
| KoBold Metals Co Berkeley | Mining & Resources | Series D+ | $195.0M | Mar 21 |
| Tune Therapeutics, Inc. SEATTLE | Biotechnology | Series D+ | $182.4M | Mar 9 |
| Firefly Aerospace Inc. CEDAR PARK | Space / Aerospace | Series D+ | $179.3M | Feb 2 |
| EVelution Energy QOZ Fund, LP Yuma | Investment Vehicle | Series D+ | $175.0M | Mar 7 |
| Colossal Biosciences Inc. AUSTIN | Biotech / Pharma | Series D+ | $162.6M | Jan 27 |
| CQC Impact Investors LLC WASHINGTON | Energy Conservation | Series D+ | $150.0M | Mar 31 |
| Koch Industries Inc WICHITA | Manufacturing / Industrial | Series D+ | $148.3M | Feb 28 |
| Chroma Medicine, Inc. BOSTON | Biotechnology | Series D+ | $135.0M | Feb 8 |
| Boston Electrometallurgical Corp WOBURN | Other | Series D+ | $120.7M | Jan 26 |
| Enstructure Holdco LLC WELLESLEY | Other | Series D+ | $120.0M | Mar 2 |
| Vedanta Biosciences, Inc. CAMBRIDGE | Biotech / Pharma | Series D+ | $118.5M | Mar 1 |
| Asc Dental Ventures Llc WILMINGTON | Healthtech | Series D+ | $110.0M | Jan 23 |
| Arcellx, Inc. GAITHERSBURG | Biotechnology | Series D+ | $100.0M | Jan 26 |
| Social Life Network, Inc. GREENWOOD VILLAGE | Other | Series C | $100.0M | Feb 3 |
| Ecoark Holdings, Inc. SAN ANTONIO | Other | Series C | $100.0M | Mar 6 |
| Alera Group Ultimate Holdings, LLC DEERFIELD | Other | Series C | $100.0M | Mar 31 |
| Genleap Ai Inc. CHEYENNE | Biotechnology | Series C | $100.0M | Feb 27 |
| Marcella Golf Club LLC LEHI | Other | Series C | $100.0M | Mar 10 |
| Morphic Holding, Inc. WALTHAM | Biotechnology | Series C | $100.0M | Feb 15 |
| CRB Topco LLC NEW YORK | Other | Series C | $98.7M | Mar 3 |
| Derm Holdings LLC Boca Raton | Hospitals and Physicians | Series C | $90.0M | Feb 23 |
| BioDerm Holdings, LP DENVER | Other Health Care | Series C | $85.4M | Jan 31 |
| REDL Ultimate Holdings, LP BOCA RATON | Other Technology | Series C | $85.2M | Jan 25 |
| Span.IO, Inc. SAN FRANCISCO | Software / Tech | Series C | $84.0M | Feb 17 |
| Lenz Therapeutics, Inc. DEL MAR | Biotechnology | Series C | $83.5M | Mar 6 |
| Alimera Sciences Inc Alpharetta | Pharmaceuticals | Series C | $81.0M | Mar 24 |
| Ara Divert HoldCo, Inc. CONCORD | Other | Series C | $80.0M | Mar 1 |
| SetPoint Medical Corp VALENCIA | Healthtech | Series C | $80.0M | Jan 18 |
| Leap Therapeutics, Inc. CAMBRIDGE | Pharmaceuticals | Series C | $77.2M | Jan 17 |
Largest jumps from a company's prior reported round to a round landing this quarter. Round sizes are reported figures, not modeled.
| Company | Sector | Prior round | This round | Step-up |
|---|---|---|---|---|
| Lessen Inc. | Other Technology | $2.3M | $963.5M | 420.7× |
| First Mode Holdings, Inc. | Other Energy | $8.5M | $1.2B | 139.3× |
| Derm Holdings LLC | Hospitals and Physicians | $2.6M | $90.0M | 34.5× |
| PacketFabric, Inc. | Other Technology | $13.8M | $372.7M | 26.9× |
| Primetime Holdings Inc. | Other | $1.6M | $34.4M | 21.0× |
| Clearsense, LLC | Other Technology | $2.5M | $49.9M | 19.9× |
| TILT Holdings Inc. | Other | $2.7M | $52.8M | 19.3× |
| ThayerMahan, Inc. | Other Technology | $2.7M | $50.2M | 18.3× |
| Infinite Invention, Inc. | Other Energy | $1.5M | $26.9M | 17.9× |
| Pagaya Technologies Ltd. | Software / Tech | $1.0M | $17.5M | 17.5× |
| Cart.com, Inc. | Mobility / Logistics | $4.5M | $68.6M | 15.3× |
| Nettwerk Music Group Inc. | Media & Content | $5.1M | $75.0M | 14.6× |
Companies whose earliest reported round lands this quarter — first-time raisers, by opening round size.
| Company | Sector | Stage | Opening round | Filed |
|---|---|---|---|---|
| Oranje Topco, Inc. SAN FRANCISCO | Other | Growth/Late | $3.4B | Feb 1 |
| Disco Topco, Inc. SAN FRANCISCO | Other | Growth/Late | $1.9B | Mar 30 |
| HF Direct Investments Pool, LLC KNOXVILLE | Other | Growth/Late | $680.0M | Mar 31 |
| SEI Holding I LP DALLAS | Investment Vehicle | Growth/Late | $403.4M | Mar 27 |
| reAlpha Tech Corp. DUBLIN | Software / Tech | Growth/Late | $400.5M | Mar 21 |
| Thompson Thrift 2023 Multifamily Development, LP INDIANAPOLIS | Construction | Series D+ | $392.3M | Jan 27 |
| Siprocal, Inc DALLAS | Other Technology | Series D+ | $380.0M | Mar 7 |
| TLB Holdings I, LLC NEW YORK | Investment Vehicle | Series D+ | $330.1M | Mar 1 |
| United Digestive Holdings, LLC Atlanta | Other Health Care | Series D+ | $323.3M | Mar 30 |
| Arrival LUXEMBOURG | Manufacturing | Series D+ | $303.0M | Mar 23 |
| 1st | Investment Vehicle | Series D+ | $262.0M | Feb 8 |
| Diana West Capital Corp SHERIDAN | Other Technology | Series D+ | $226.0M | Feb 27 |